On the curvature of the reporting function from objective reality to subjective feelings

I suggest the idea of a reporting function, r(.), from reality to feelings. The 'happiness' literature claims we have demonstrated diminishing marginal utility of income. I show not, and that knowing r(.)'s curvature is crucial. A quasi-experiment on heights is studied.

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Year of publication:	2008
Authors:	Oswald, Andrew J.
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 100.2008, 3, p. 369-372
Publisher:	Elsevier

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005270067